Skip to content
Tuesday, June 03, 2025
  • [email protected]
  • Contact Us
  • Advertise with us
  • Donation
  • Log In
Up18 News

Up18 News

उत्तर प्रदेश, उत्तराखंड, HINDI NEWS, NEWS IN HINDI

  • Exclusive
    • Cover Story
    • अन्तर्द्वन्द
  • INTERNATIONAL
  • National
  • Regional
    • City/ state
    • Crime
    • स्थानीय समाचार
    • विविध
  • Politics
  • Business
    • Business News
  • SPORTS
  • Entertainment
    • Multifarious
    • art/culture
    • Film/music/tv
  • Health
    • Life Style
  • Career/Jobs
    • Education
    • Technology

Bank of Baroda Introduces the BOB Parivar Account for Savings and Current Accounts

Business News City/ state
December 7, 2023December 7, 2023up18news

Mumbai (Maharashtra) [India], December 7: Bank of Baroda (Bank), one of India’s leading public sector banks, announced the introduction of the BOB Parivar Account for Savings and Current Accounts. The ‘My Family, My Bank’ segment, which has been launched as a part of the Bank’s “BOB Ke Sang Tyohaar Ki Umang” festive campaign, groups all the bank accounts belonging to members of a single family under One Family. While each account will be operated independently by the primary account holder, the maintenance of quarterly average balance (QAB) is recorded at the Group/ Family level, eliminating the need to maintain QAB in every single account.

Further, it gives each family member access to an array of benefits during the festive period due to the overall enhanced relationship. The BOB Parivar facility is open to both new and existing customers.

The BOB Parivar Account can comprise of a minimum of two and a maximum of six members. Eligible family members for the BOB Parivar Savings Account segment include the spouse, parents, children, parents-in-law, daughter-in-law and/or son-in-law. The BOB Parivar Current Account Segment is open to proprietorship, partnership, LLP and Pvt. Ltd. companies, which are group companies or sister concerns.

Both the BOB Parivar Savings Account and the BOB Parivar Current Account segments come in three distinct variants – Diamond, Gold and Silver – with varying Pooled Quarterly Average Balance (PQAB) requirements (For Savings Accounts – Diamond: Rs 5 lakh & above; Gold: Rs 2 lakh & above; Silver: Rs 50,000 & above; For Current Accounts – Diamond: Rs 10 lakh & above; Gold: Rs 5 lakh & above; Silver: Rs 2 lakh and above) and associated benefits.

Speaking on the occasion, Shri Ravindra Singh Negi, Chief General Manager – Retail Liabilities & NRI Business, Bank of Baroda said, “We are delighted to introduce the BOB Parivar Account for our Savings and Current Account holders. By grouping together individual accounts of a single family or associated companies, our customers will be greatly rewarded with superior benefits, which are normally provided in accounts maintaining higher balances. In the BOB Parivar Account segment, all individual family members will gain from the overall balances maintained together. Here there is no requirement to maintain individual Quarterly Average Balance for each account, thus enhancing the overall banking experience. As a bank with a 115 year history, we are privileged to have generations from the same family bank with us and the ‘My Family, My Bank’ concept will further strengthen and deepen their relationship with Bank of Baroda.”

Benefits of the BOB Parivar Account:

  • Concessional Interest Rates on Retail Loans for Saving Accountholders
  • Waiver of Processing Charges on Retail Loans (excluding TCR/Valuation Charges)
  • Concession in Locker Rent Charges
  • Concession in Demat AMC
  • Concession in manual NEFT/RTGS charges (Digital is 100% Free)
  • Complete waiver of DD/PO Charges
  • Concession in Cheque Book charges
  • Waiver of charges on collection of Outstation Cheques (Only Postage & Out of Pocket expenses are payable for Collection of Outstation Cheques)
  • Complimentary SMS/Email Alerts and Standing instructions

For details on ‘My Family, My Bank’ and to avail this facility, click on Baroda Family Savings Account Segment and Baroda Family Current Account Segment or visit the nearest Bank of Baroda branch.

About Bank of Baroda

Founded on 20th July, 1908 by Sir Maharaja Sayajirao Gaekwad III, Bank of Baroda is one of the leading commercial banks in India. At 63.97% stake, it is majorly owned by the Government of India. The Bank serves its global customer base of ~165 million through over 70,000 touch points spread across 17 countries in five continents and through its various digital banking platforms, which provide all banking products and services in a seamless and hassle-free manner. The Bank’s vision matches the aspirations of its diverse clientele base and seeks to instil a sense of trust and security in all their dealings with the Bank.

Visit us at www.bankofbaroda.in

Facebook: https://www.facebook.com/bankofbaroda/

Twitter: https://twitter.com/bankofbaroda

Instagram: https://www.instagram.com/officialbankofbaroda/

Youtube: https://www.youtube.com/channel/UCdf14FHPLt7omkE9CmyrVHA

LinkedIn: https://www.linkedin.com/company/bankofbaroda/

For media queries, please contact:

Bank of Baroda: Phiroza Choksi | +91 9820363681 | [email protected]

Perfect Relations: Sneha Joshi | +91 9833004482 | [email protected]

If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.

Tagged Bank of BarodaBOB Parivar AccountShri Ravindra Singh Negi

Post navigation

Vikas Prajapat Begins Pre-Production for Romantic Love Story in Uttarakhand
यूपी में आधा दर्जन IAS अफसरों के हुए तबादले, विजय किरन आनंद को मिली कुंभ मेला प्रयागराज की अहम जिम्मेदारी

Related Posts

SRJ Piping India

From Vision to Reality: SRJ Group powering India’s USD 100 Billion dollar Infrastructure growth

September 25, 2024September 25, 2024up18news

SkyExch.net becomes the Title Sponsor of the Road Safety World Series 2022

September 10, 2022September 10, 2022up18news
Greentech

Arrow Greentech Ltd. to Showcase Water-Soluble Film Packaging at ICSCE 2025 on Jan 21-22

January 20, 2025January 20, 2025up18news

ADVERTISEMENT

  • Latest News
  • Comments

Agra News: एसएन मेडिकल कॉलेज में मिलेगा कैंसर का हाई-टेक इलाज, मरीजों को बाहर नहीं जाना पड़ेगा

June 2, 2025June 2, 2025up18news

Agra News: पुलिस का सट्टे के अड्डे पर छापा, 14 सटोरिए दबोचे, नगदी-10 मोबाइल फोन और पर्चियां बरामद

June 2, 2025June 2, 2025up18news

Agra News: बिना अनुमति उपराष्ट्रपति के स्वागत को पहुंचे तीन भाजपा नेताओं पर लटकी कार्रवाई की तलवार, सचिवालय ने किया डीएम से जवाब तलब

June 2, 2025June 2, 2025up18news

Agra News: पुलिस ने किया 494.35 किलो गांजा जब्त, तस्करी गिरोह के तीन सदस्य गिरफ्तार

June 2, 2025June 2, 2025up18news

Agra News: चलती ट्रेन में पति ने पत्नी को पीटा, यात्रियों ने वीडियो बनाकर किया वायरल

June 2, 2025June 2, 2025up18news

Cover Story

2 जून की रोटी को लेकर सोशल मीडिया पर आई मीम्स की बाढ़, जानिए क्या है पूरा माजरा!

June 2, 2025June 2, 2025up18news

जून का महीना आते ही लोगों को दो चीजों की याद सबसे ज्यादा आती है, एक तो बेहाल करने वाली गर्मी से बचाने के लिए बारिश की, और दूसरा, ‘2 जून की रोटी’ की! आपने अक्सर लोगों से दो जून की रोटी के बारे में सुना होगा. कोई मजाक में कहता है तो कोई सीरियस […]

अश्लील वीडियो की वायरल संस्कृति: मनोरंजन या मानसिक विकृति?

May 27, 2025May 27, 2025up18news

जब सोशल मीडिया हमारे जीवन में आया, तो उम्मीद थी कि यह विचारों को जोड़ने, संवाद को मज़बूत करने और जन-जागरूकता फैलाने का एक सशक्त माध्यम बनेगा। लेकिन आज, 2025 में, विशेषकर फेसबुक जैसे मंच पर जिस तरह से अश्लीलता और फूहड़ता का आतंक फैलता जा रहा है, वह न केवल चिंताजनक है, बल्कि सभ्यता […]

बदलते युग का नया तमाशा: कुलवधुएँ फरार हैं! पुरुषों की निगरानी पर स्त्रियों का ‘रिवर्स स्ट्राइक’

May 27, 2025May 27, 2025up18news

भर्ती में समानता की वापसी: सामाजिक-आर्थिक बोनस अंकों पर हाईकोर्ट की सख्ती

May 24, 2025May 24, 2025up18news

हरियाणा के सरकारी स्कूलों में शिक्षा का अंतिम संस्कार: जब पूरी क्लास फेल होती है, तो सिस्टम अपराधी होता है…

May 23, 2025May 23, 2025up18news

घर के भेदी: सवाल सिर्फ सुरक्षा तंत्र का नहीं, हमारी सामाजिक चेतना का भी..

May 21, 2025May 21, 2025up18news

City/state

Samasta Mahajan Inaugurates 600-Animal Shelter at Shri Viramgam Khodadhor Panjrapol, Oganvid

May 30, 2025May 30, 2025up18news

For the first time in Ahmedabad, Animal Ambulance equipped with various state-of-the-art facilities launched with helpline number 91529 90399 Ahmedabad (Gujarat) [India], May 30:  A state-of-the-art and air-conditioned shelter that can accommodate 600 animals, built with a donation of Rs. 1 crore received with the support of donors, was inaugurated today at Shri Viramgam Khodadhor […]

Sandeep

Dr. Sandeep Marwah Receives High Honours in Spain at Prestigious India-Spain Cultural Summit in Barcelona

May 29, 2025May 29, 2025up18news

Barcelona [Spain],  May 29: In a resplendent celebration of cultural unity and international collaboration, Dr. Sandeep Marwah, visionary founder of Marwah Studios and a world-renowned advocate for cultural diplomacy, was honoured in Spain for his extraordinary contribution to strengthening cultural ties between India and Spain. The award was presented by the Indian Culture Centre Foundation […]

Welfare Programs

Role of Various Welfare Programs in Making Life Better for Indians?

May 28, 2025May 28, 2025up18news

The Young Investor – A Stock Market Mentorship Program for Teens by Elearnmarkets

May 27, 2025May 27, 2025up18news
BRICS

BRICS International Awards 2025 Bestowed Upon Maestro Igor Evard and Dr. Shabir Hassan in Moscow

May 26, 2025May 26, 2025up18news

URMU Central Council Meets to Discuss Pension Scheme, Privatization, and Employee Welfare

May 23, 2025May 23, 2025up18news

ABOUT UP18 NEWS

  • Home
  • About Us
  • Contact Us
  • Digital Editors Member

USE FULL LINK

  • Donation
  • Advertise with us
  • Privacy Policy
  • Disclaimer
  • Grievance

DOWNLOAD APP

FALLOW US AT

Subscribe to via Email

Enter your email address to subscribe to up18News and receive notifications of new posts by email.

| Theme: News Portal by Mystery Themes.
  • [email protected]
  • Contact Us
  • Advertise with us
  • Donation
  • Log In